Fed’s preferred inflation gauge expected to back patience on interest-rate cuts

financialpost.com United States Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to…

Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience

finance.yahoo.com Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to keep interest…

Lagarde Says Euro-Zone Economy Is Showing Signs of Recovery

youtube.com Europe’s economy is nearing the end of a malaise that’s resulted in more than a year of near stagnation, according to European Central Bank President Christine Lagarde.…

Biden hails the U.S. as the ‘strongest economy in the world’ but its hot inflation is angering allies as their currencies flop

fortune.com As Joe Biden this week hailed America’s booming economy as the strongest in the world during a reelection campaign tour of battleground-state Pennsylvania, global finance…

Could oil price surges derail the ECB's plans for a rate cut in June?

euronews.com Latest developments in the Middle East raise concerns about a potential broader conflict and its global economic ramifications. Key worries for Europe include whether…

Watch Out for the Surging Dollar

investorplace.com The dollar is poised to keep climbing… tariffs are back in the news… insurance rates skyrocket… the growing problem of “social inflation” Today, let’s bounce around to…

How the strong U.S. dollar is rippling through the world economy

axios.com Data: Yahoo Finance; Chart: Axios Visuals With the world's finance ministers gathered in Washington this week, one topic is coming up over and over: A surge in the value of…

European Central Bank should cut in June to avoid falling behind inflation curve, policymaker says

cnbc.com Francois Villeroy de Galhau, governor of the Bank of France, during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday,…

Frozen Russian assets will soon pay for Ukraine’s war

economist.com After Russia destroyed the Trypilska power plant on April 11th, Ukraine blamed a lack of anti-missile ammunition. The country’s leaders are also desperate for more financial…

How Global Warming Foretells Financial Crisis

thehill.com Climate change — and the lack of timely, consistent action to address it — is driving the world toward a new financial crisis. Indeed, senior regulators are increasingly…

Middle East tensions pose the biggest threat to rate cuts, European Central Bank policymaker says

cnbc.com Robert Holzmann, governor of Austria's central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023. Tensions in the Middle East pose the biggest…

Morning Bid: Blunt Powell signals rate cut plans on ice

finance.yahoo.com A look at the day ahead in U.S. and global markets from Mike Dolan There's no doubt there's a doubt about any U.S. interest rate cuts this year. After weeks of market…

IMF Tips 3.2% Global Growth, Warns China on Property Crisis

asiafinancial.com The International Monetary Fund on Tuesday issued its latest World Economic Outlook along with national forecasts – and advice for China on ways to alleviate ongoing impacts…

Asian Stocks Retreat, European Markets Bounce Back

barrons.com Stock markets in Asia retreated on Wednesday, following U.S. shares Tuesday after the Federal Reserve indicated interest rates may stay higher for longer. Japan’s Nikkei…

Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil

cnbc.com European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to any major shocks.…

Geopolitical strife is roiling Wall Street. Here’s what investors are watching

aol.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Money Supply Trends Remain Disinflationary

fisherinvestments.com The world continued digesting March’s US Consumer Price Index report Thursday, with the American inflation uptick oddly featuring in … European Central Bank (ECB) interest…

US growth may be a global boon, but inflation could derail the train

aol.com U.S. economic growth that keeps motoring above its potential is emerging as a key prop for an ongoing global expansion, but spillovers from persistently high inflation and…

The Final Nail In The Coffin Of Synchronized Central Bank Actions

zerohedge.com The Final Nail In The Coffin Of Synchronized Central Bank Actions By Elwin de Groot, head of macro strategy at Rabobank And now the end [to monetary tightening] is near ……

Asian Stocks Drop, European Markets Gain as Central Banks Diverge

barrons.com Very different reactions to central bank messages were on show in Asian and European markets on Friday. Asian markets were largely in the red, with Hong Kong’s Hang Seng…

Gold’s Strongest Move In a Year Was When the Dollar Was Rising

mishtalk.com Gold and the US dollar are not as inversely correlated as widely believed. Sometimes gold and the dollar move strongly in the same direction, like now. Let’s discuss why.…

European Central Bank Leaves Rates Unchanged Lagarde

youtube.com European Central Bank chief Christine Lagarde is striking a less defiant tone on the influence of Federal Reserve policy even as she firms up plans to go it alone with an…

European Central Bank Signals Coming Rate Cut, Setting Up Split With Fed

nytimes.com The European Central Bank gave its clearest signal yet on Thursday that it might lower interest rates at its next policy meeting, in June. The indication that European…

The European Central Bank might beat the Fed to interest rate cuts

axios.com Wednesday's elevated U.S. inflation reading made interest rate cuts from the Federal Reserve look more distant. The Fed's counterparts across the Atlantic were unfazed. Why…

Central banks must resist pressure for early rate cuts, says IMF head

theguardian.com The world’s leading central banks must resist growing pressure for early interest rate cuts amid concerns over stubbornly high inflation on both sides of the Atlantic, the…

European Central Bank declines to cut rates because ‘domestic price pressures are strong and are keeping services price inflation high’

fortune.com The European Central Bank left its key interest rate benchmark unchanged Thursday, choosing to wait for confirmation that rapidly receding inflation is firmly under control…

US Dollar retreats after PPI triggers knee jerk reaction for the Greenback

fxstreet.com The US Dollar touch softer after choppy trading during ECB rate decision and PPI release. • Traders jump into equities and send US equity in the green on the back of easing…

European Central Bank holds interest rates, says cut 'appropriate' if inflation falls further

cnbc.com Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, March 7, 2024. The European Central…

Euro Extends Decline After ECB Holds Rates At Highs, Hints At Cuts To Come

zerohedge.com Euro Extends Decline After ECB Holds Rates At Highs, Hints At Cuts To Come After yesterday's US CPI print - and the dramatic adjustment to market expectations of Fed policy…

Europe turns to ECB after U.S. inflation selloff

investing.com Stocks and the euro were steady ahead of an European Central Bank meeting on Thursday, after stubborn U.S. inflation numbers triggered the biggest global market selloff in…

European Central Bank likely to signal June rate cut after rapid disinflation

theglobeandmail.com The European Central Bank is all but certain to keep borrowing costs at a record high on Thursday but is likely to signal that a rate cut could come as soon as June, given a…

Fed likely to cut rates before ECB blinks, former BOE member says

cnbc.com The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member of the Bank of England said, defying current market…

When are those rate cuts coming, already? The European Central Bank may be providing some hints

seattletimes.com Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut.

UK interest rate cuts should be ‘a way off’ says Bank of England’s Greene, as US inflation worries markets

theguardian.com Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Investors are growing nervous that central banks will not cut…

European Stocks Climb Ahead of ECB Rate Decision

barrons.com European investors were in a more bullish mood than their U.S. counterparts early Wednesday as stocks were on track to recoup yesterday’s losses. Germany’s DAX climbed 0.7%…